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Mortensen to Lead New Maritime Investment Fund

Carsten Mortensen, former CEO of both BW Group and D/S Norden, has launched a shipping fund which aims to reach USD 100 million this year.

Shipping Industry’s Benefits from US-China Trade War

Escalating trade hostilities between the US and China spells bad news for the Transpacific container trade but should also result in higher volumes of intermediate goods, according to ...

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Blockchain Consortium to Curb Dangerous Goods Misdeclaration

Maritime Blockchain Labs (MBL), founded by BLOC and the Lloyd’s Register Foundation (LRF), has established a consortium to explore the use of blockchain in tackling the significant r...

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MSC loses ‘C-TPAT’ status after $1bn drugs seizure

Box line says customers should only expect ‘minimal disruption’ brought by certification suspension, as it seeks to persuade US customs authorities to reinstate its low-risk status. Med...

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Asia-Europe ocean freight prices fall further

Headhaul spot rates from Shanghai down 3-4%, week on week, and down 9-16%, year on year, and 36% down compared to two years ago. Asia-Europe headhaul spot freight rates continued to fall la...

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US-China trade war may benefit shipping

Escalating economic hostilities between the two countries is bad news for the transpacific container trade but should result in higher volumes of intermediate goods, notes Drewry. The escal...

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Logistics businesses struggling to fund Brexit preparations

With profit margins averaging only 2% in 2018, significant financial investment, especially when the international trading landscape post-Brexit is still to be determined, is very difficult to justify...

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Geodis receives 6th gold CSR rating from EcoVadis

Freight transport and logistics provider achieves the highest corporate social responsibility result since the group’s first assessment in 2009. Freight transport and logistics provider G...

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Sealand opens new office in Chile

Sealand inaugurated its new office in Santiago, Chile on May 31st on the 7th floor of the same building that houses the overall Cluster Maersk organiz...

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